OL formalized on Tuesday the takeover of its women’s team by an American businesswoman.
It was in the air, it became official this Tuesday: theOL Groupe announced, via a press release, that it had signed a « accord » with American businesswoman Michele Kang, “with a view to creating a global multi-team women’s football structure”. The latter will be the majority shareholder and the president of “the first women’s football multi-club organization owned and managed by a woman. »
OL Groupe and Michele Kang form a global women’s football group.
🗞️👉 https://t.co/epACRR67Z0 pic.twitter.com/X9TbVQgD38
— Olympique Lyonnais (@OL) May 16, 2023
Already owner of the Washington Spirit, club of the American women’s football championship, becomes majority shareholder up to 52%, reports the daily The team.
“A new era of our sport”
“This agreement represents a major step forward in the history of professional women’s football.said Michele Kang. It brings together the unrivaled tradition of OL Women, 8 times winners of the Champions League, and the dynamism of Washington Spirit, NWSL champion in 2021, to usher in a new era of our sport. The complete alignment on this vision between the OL Groupe board of directors and the main players, including Jean-Michel Aulas, John Textor and myself, is particularly strong. It’s a great honor for me to take charge of OL Women and lead this unprecedented project, on behalf of the supporters, players and staff of both teams. (…) This alliance represents hope and determination, while showing which business model to follow to shape the future of women’s football. »